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Most important aspects for companies when choosing their office space

The main elements which determine the signing of contract for an office spaces in Romania are the budget and the building’s location, which should also offer a large palette of connected services, according to the real estate consultant RE/MAX.

Romania, second highest construction work increase in EU

Romania registered the largest decline among EU countries in construction work in January compared to the previous month, but it rose by 12.8% year-on-year, according to EU’s statistical office Eurostat.

Almost 300 residential projects for sale in Northern Bucharest

The northern central area of Bucharest has 291 residential compounds available for sale. These are completed or ready to be delivered.

City Park Mall Constanta to be extended by December 2015

South-African investment fund NEPI (New Europe Property Investments) started working on the extension of City Park Mall Constanta (South-Eastern Romania).

Tagor delievers first phase of Adora Pipera project

The first phase of the residential complex Adora Pipera, an investment financed by the British fund Patron Capital, with assets worth billions of Euros, was completed and handed over to the developer, Tagor, which started the sale process.

Real estate consultants started to recruit again on the background of the market’s revival

Part of the largest real estate consultancy companies, which were affected by the crises in the sector six to seven years ago, started again to enlarge their teams on the background of the market’s revival and of the diversification of the range of services.

Housing, land and car tax on upswing according to updated Tax Code draft

The updated Tax Code draft brings changes regarding the tax on housing which has been increased compared to the document announced last month by increasing the taxable value according to which it is calculated the final payment amount. The new document, dated March 13 and quoted by Mediafax, stipulates a growth of over 6 percent of the taxable value for all types of buildings.

FDI up 23 pct in January to EUR 300 mln

Romania foreign direct investment (FDI) totaled EUR 299 million in January, up by almost 23 percent against the same period last year, when the National Bank of Romania (BNR) announced a level of EUR 244 million, but against the previous month the indicator has slightly decreased, reports BNR quoted by Mediafax.

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